Significant Awards Recognizing Governance Excellence
VEON Ltd. (NASDAQ: VEON), a pioneer in digital telecommunications, achieved noteworthy accolades at the IR Magazine Corporate Governance Awards. The company was honored with two significant awards: Best Governance Around a Corporate Transaction and Best Use of Technology in Corporate Governance.
Best Governance for Kyivstar's Listing
The award for Best Governance Around a Corporate Transaction underscores VEON's outstanding governance during the successful listing of Kyivstar Group Ltd. (NASDAQ: KYIV), Ukraine's leading telecommunications provider. This recognition highlights not only the meticulous planning that went into the transaction but also VEON's commitment to maintaining high governance standards through all phases of corporate activities.
Leveraging Technology in Governance
In an age where technology increasingly defines corporate landscapes, VEON's award for Best Use of Technology in Corporate Governance celebrates the innovative integration of advanced tools within its governance framework. The company has harnessed augmented intelligence and digital tools to enhance efficiency, transparency, and stakeholder engagement.
The Ceremony and Its Significance
Taking place in New York City, the awards ceremony was a gathering of elite professionals from the governance, risk, and compliance (GRC) community. It's commonly referred to as the 'Oscars of Corporate Governance,' which adds immense value to the recognition awarded to companies demonstrating excellence in these areas.
A Testament to Commitment and Leadership
Kaan Terzioglu, CEO of VEON Group, expressed his pride in these accomplishments, stating, "I am delighted that VEON's commitment to governance excellence has been recognized on this global stage. These awards are a tribute to the teams that have worked diligently to bring Kyivstar’s historic listing to fruition and a testament to our Board of Directors' oversight and vision.”
Impact of the Kyivstar Listing
Terzioglu further remarked that the careful structuring of the Kyivstar listing prioritized robust governance principles, which safeguarded the interests of both investors and stakeholders. This achievement embodies VEON’s ongoing dedication to fostering a culture of transparency and responsible leadership, which are crucial in today's corporate environment.
About VEON
VEON operates as a digital service provider that connects nearly 160 million customers across multiple nations. The company's transformative approach, driven by technology, seeks to uplift individual lives and stimulate economic growth. Listed on Nasdaq, VEON's commitment to innovation ensures that it remains at the forefront of the telecommunications sector.
Contact Information
For media inquiries, please reach out to:
VEON
Hande Asik
Group Director of Communications
Email: pr@veon.com
Frequently Asked Questions
What awards did VEON win recently?
VEON won two awards at the IR Magazine Corporate Governance Awards, recognizing their governance excellence and innovative use of technology.
Why was the Kyivstar listing significant?
The listing was a historic event as it marked Kyivstar as the first Ukrainian company to successfully list on a U.S. stock exchange, showcasing robust governance principles.
How many customers does VEON serve?
VEON serves nearly 160 million customers across five countries, focusing on digital connectivity and services.
What is VEON's approach to technology?
VEON integrates advanced technology, including augmented intelligence, to enhance governance and improve stakeholder engagement.
How can I contact VEON for media inquiries?
You can contact VEON's Group Director of Communications, Hande Asik, at pr@veon.com.
